The Euro continues to push higher

The Euro continues to push higher and some are starting to doubt whether we will see a bearish resumption. I retain my bearish outlook and will be looking to sell. USD/JPY has been impressive of late but don't get sucked into a short trade despite overbought readings. Elsewhere, the EUR/AUD long trade is looking great.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

RELATED TOPICS